District Court enforces arbitration in online lending platform dispute

On March 21, the U.S. District Court for the Eastern District of Pennsylvania filed a memorandum upholding a company’s requirement that a consumer’s claims be resolved in arbitration. In this case, the plaintiff, on behalf of a putative class, accused a defendant, which operated an online lending platform, of violating Pennsylvania’s Unfair Trade Practices and Consumer Protection Law, the state’s Loan Interest and Protection Law, and its Consumer Discount Company Act. The defendant moved to...
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP